2011-05-02

US Based Multi-National Conglomerates Employed Less Americans in 2010 then in 1999

And they need a tax cut? GE led by Immelt, Obama's point man on job creation, has 16% less American employees while increasing employees overseas since 1999. Chart from the WSJ.



Now the EMRATIO:



Check out the spike in wages for the top 10% and the flattening for all others over that time frame:




Consumer Debt:




US National Debt:



Corporate Profits:




Most Americans have no idea how truly fucked they are. The collapse will be swift and hard.